Frequently Asked Questions (FAQ)
According to Dr. Debasish Miridha, author and philosopher, “A knowledgeable curious mind is the bridging ground for ideas.” Likewise, we open our doors to any homeowner who seeks our expert guidance. Ask questions and we’d be more than happy to accommodate each one of them. Don’t hesitate to contact us (via email or a call). We have some of the friendliest staff who are waiting to hear from you!
If you wish to learn more about us, here’s a list of the most common questions from other property sellers.
Q: Will you be listing my house on the Multiple Listing Services (MLS) or do you intend on buying it?
A: Great question. First of all, we’re not real estate agents, so we don’t list houses. We are professional cash home buyers known as We buy houses San Antonio. We work to meet a series of purchasing criteria. On the whole, we may repair the house and resell it to another home owner or keep it as a rental estate property.
Q: Do you pay fair prices when purchasing homes?
A: Yes, we pay a reasonable amount of money, otherwise, we wouldn’t have lasted nearly 10 years in the business. It’s common for some clients to renegotiate on our cash offer, but we don’t make promises either. We cannot overcompensate due to a number of reasons.
For one, we pay no mind with the repair flaws no matter how many they are. Other mortgage companies won’t even consider approving a potential buyer’s loan if they knew a house needs a lot of work. With us, you can confidently sell without fear of the sale falling through. Our offers are definite, since we pay with our own cash/private money.
[DOWNLOAD our free guide to get a more informed perspective on the Pros and Cons of cash home buying. This includes the costs and timeline of selling your house to a real estate investor. Moreover, we’ve also listed the upsides and downsides of the two other options you’re presented with in property sale: listing with an agent or selling it yourself. Head on over here download your free guide →]
Q: What’s the price index basis of a property and how do we get paid?
A: Overall, we uphold pricing homes fairly and squarely. We check the location, the repair work needed if any, and values of similar houses sold within the vicinity. Basically, we consider the neighboring properties and the potential value appreciation of the area. This is important to us, so that prior to putting a cash offer on the table, you are guaranteed pricing assessment is sound and logical.
Q: Are there any fees or commissions that I should prepare for?
A: None. Unlike a typical purchase agreement, we are not entitled to charge 6% on commissions for the acquisitions and dispositions. Not only that, we also don’t get a 2% cut from the entire price of the home. NO surprise fees nor hidden costs would come to play in the transaction. We don’t charge realtor fees and other commissions. In our experience, many sellers aren’t particularly expect top-of-the-shelf offer on the property because there are tons of other benefits when selling to us. You get to step out of your house and into your new home with net proceeds from the cash agreed upon.
Q: How are you any different from a real estate agent?
A: I can name a handful! Real estate agents handle the sale of real property via a process called “listing.” When that happens, they may be given the capacity to work with more than one other agent or broker while waiting on a potential home buyer. When one shows keen interests in buying the house, the agent then goes on to do ocular visits with the prospective buyers. This is done more than once depending on how many would like to inspect on your property.
A key note would be the average length of time to finalize a sale. In many markets today, it would take 6 months or even a year to do it. When that time comes, your agent is entitled to a percentage of the sale price. The agent’s commission is 3-6% of the sale price (so if your house is worth $100,000, a $3,000 – $6,000 would be paid to your agent). Without question, agents provide great help, but choosing us would mean you get to take ALL.
Q: Is there any obligation on my end when I submit my property info?
A: An all-cash bid is simply what it is: just a bid. The offer would not be materialized unless both parties have actively agreed on the amount. Therefore, there is absolutely nothing to fear in getting your property information out there with a We Buy Houses company. Once cash offer is underway, we give you ample time to think or renegotiate with us. As professional home buyers, you can rest assured that we won’t subject you to aggressive pressure if you choose to look the other way. After all, this big step forward requires your 100% and we can only be as invested in your investment when we are on the same wavelength.
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Get the FREE Guide and don’t forget to ring us at (210) 794-6590 and we’ll discuss what your home is worth with our Cash Offer Program.